PSIMX — Short-Term Income Fund
Data updated: 2026-09-25
PSIMX — Short-Term Income Fund. Intermediate Corporate Bond · $3.48B AUM · 1.25% expense ratio. Holdings, fees, performance and SEC filings.
PSIMX Fund Overview
PSIMX — Short-Term Income Fund is a US mutual fund managed by Principal Funds, Inc., categorised as Intermediate Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Principal Funds, Inc.
- Category: Intermediate Corporate Bond
- Assets under management: $3.48B
- 1-year return: 6.5%
- Ticker: PSIMX
- SEC CIK: 0000898745
- SEC series ID: S000014245
- Share class ID: C000090494
PSIMX Investment Objective and Strategy
Short-Term Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Principal Funds, Inc..
Investment objective
The Fund seeks to provide as high a level of current income as is consistent with prudent investment management and stability of principal.
Principal investment strategy
"The Fund invests primarily in high quality short-term bonds and other fixed-income securities that, at the time of purchase, are rated BBB- or higher by S&P Global Ratings (""S&P Global"") or Baa3 or higher by Moody's Investors Service, Inc. (""Moody's"") or, if unrated, in the opinion of those selecting such investments, are of comparable quality. The Fund's investments also include corporate securities, U.S. and foreign government securities, mortgage-backed and asset-backed securities (securitized products), and real estate investment trust (""REIT"") securities. The Fund invests in securities denominated in foreign currencies and in securities of foreign issuers. Under normal circumstances, the Fund maintains an effective maturity of five years or less and an average portfolio duration that is within 15% of the duration of the Bloomberg Barclays Credit 1-3 Year Index which as of December 31, 2017 was 1.88 years ."
PSIMX Holdings
Top 10 holdings of Short-Term Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Treasury Note/Bond | 3.26% |
| United States Treasury Note/Bond | 2.44% |
| United States Treasury Note/Bond | 2.34% |
| United States Treasury Note/Bond | 2.02% |
| Principal Funds, Inc - Government Money Market Fund - Class R-6 | 1.67% |
| Vistra Operations Co LLC | 0.56% |
| SBA Tower Trust | 0.55% |
| Life 2022-BMR Mortgage Trust | 0.50% |
| Nissan Auto Receivables 2025-B Owner Trust | 0.48% |
| JP Morgan Mortgage Trust Series 2025-HE1 | 0.44% |
PSIMX Portfolio Allocation
Asset-class allocation of Short-Term Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 61.6% |
| Securitized | 37.0% |
| Cash & Equivalents | 1.7% |
PSIMX Performance
Total returns for PSIMX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 6.5% |
| 3 years (annualised) | 1.2% |
| 5 years (annualised) | 1.1% |
PSIMX Risk Information
Risk metrics for PSIMX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.3%
PSIMX Costs and Fees
PSIMX costs about $125 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.25%
- Gross expense ratio: 1.25%
- Portfolio turnover: 42%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
PSIMX Cashflows
Over the 12 months to 2026-04, Short-Term Income Fund had net inflows of $78.90M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$62.56M |
| 2026-03 | −$6.30M |
| 2026-02 | −$36.38M |
| 2026-01 | −$34.41M |
| 2025-12 | $15.68M |
| 2025-11 | −$10.17M |
PSIMX Debt Constituents
Largest debt holdings of Short-Term Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury Note/Bond | 3.26% |
| United States Treasury Note/Bond | 2.44% |
| United States Treasury Note/Bond | 2.34% |
| United States Treasury Note/Bond | 2.02% |
| Vistra Operations Co LLC | 0.56% |
| SBA Tower Trust | 0.55% |
| Fortis Inc/Canada | 0.42% |
| Keybank National Association | 0.41% |
| Charter Communications Operating LLC / Charter Communications Operating Capital | 0.38% |
| UBS Group AG | 0.37% |
PSIMX Prospectus and SEC Filings
Official Short-Term Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-27
- Prospectus (485BPOS) — filed 2025-02-26
- Prospectus (485BPOS) — filed 2024-02-27
- Portfolio holdings (N-PORT) — filed 2026-09-25
- Portfolio holdings (N-PORT) — filed 2026-06-25
- Portfolio holdings (N-PORT) — filed 2026-03-25
- Annual census (N-CEN) — filed 2026-01-14
- Annual census (N-CEN) — filed 2025-01-13
Related Funds
Other Intermediate Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.